Zambia News

Zambia, IMF Deal Within Grasp, Central Bank Governor Christopher Mvunga Says

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Zambia is close to reaching a deal with the International Monetary Fund that will be crucial to restoring macroeconomic stability, the southern African nation’s central bank governor.

“We couldn’t have gotten any closer with the IMF as we are today,” Christopher Mvunga told reporters Wednesday, adding that he couldn’t provide a time-line for when the government might reach an agreement with the fund. “We are very optimistic. It’s progressing pretty well.”

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